ICN Joins Lisbon’s Crypto AI:CON 2024, Leading the Shift Towards Decentralized Cloud Services in AI and Crypto

As Europe’s tech epicenter continues to buzz with new ideas and collaborative energy, Lisbon is gearing up to host Crypto AI:CON 2024 from November 9-10. 

This event brings together pioneers from the AI and blockchain sectors, combining world-changing tech under one roof. Now, joining the lineup of groundbreaking companies is the Impossible Cloud Network (ICN)—a decentralized cloud services provider that’s taking on the big names in traditional cloud with its flexible, community-driven approach. 

ICN is set to shake up the Lisbon event, showcasing its unique decentralized cloud model designed for secure and scalable solutions. In an industry where a few giants dominate, ICN’s approach brings a much-needed alternative to centralized systems that many businesses find costly, restrictive, and overly complex. Through blockchain and peer-to-peer technologies, ICN delivers a flexible, economically sustainable solution that doesn’t compromise on security or performance. For attendees at Crypto AI:CON, this is a first-hand look at how decentralized technology can revolutionize the way we store, share, and compute data—particularly in the booming AI and crypto spaces.

Why ICN Matters in Today’s Tech Landscape

ICN aims to solve some of the biggest issues with current cloud providers. Traditional cloud platforms from Amazon, Google, and Microsoft control nearly the entire market, often trapping businesses in expensive, inflexible contracts. 

These centralized services mean users surrender much of their control, which raises privacy, cost, and innovation barriers. Enter ICN, with its decentralized approach that removes the middleman by using community-driven hardware and cloud resources.

At its core, ICN brings a fresh, practical approach by connecting three key players: Hardware Providers (HPs) who offer storage and computing power; Service Providers (SPs) who deliver decentralized cloud services; and SLA Oracle Nodes that ensure the reliability of these services by monitoring and enforcing Service Level Agreements (SLAs). 

This system is orchestrated by the Impossible Cloud Network Protocol (ICNP), which uses ICN tokens (ICNT) as the network’s currency. This creates a balanced and fair resource allocation that rewards contributors and ensures service quality.  

At Crypto AI:CON 2024: ICN Highlights Decentralized Cloud for AI x Crypto Innovation

AI and blockchain industries are growing faster than ever, with decentralized infrastructure like ICN bringing an alternative to big, centralized platforms. The event will spotlight the role ICN can play in supporting these fast-evolving fields. By providing decentralized, high-quality cloud services, ICN allows AI and crypto innovators to avoid being locked into contracts with centralized cloud providers while enjoying secure, scalable storage and processing power at a lower cost. 

“ICN is more than just a decentralized alternative; it’s a new ecosystem where businesses can thrive without worrying about hefty costs or data privacy issues,” said Sara Teixeira . “Our goal is to give everyone—from AI researchers to crypto startups—a flexible, affordable, and highly secure infrastructure, powered by the ICN community.”

The panel titled Influencing the Crypto Space: The Role of KOLs in Shaping Industry Trends featuring Sara Teixeira (ICN Protocol), Sander Gortjes (Co-Founder and CEO of Hello Labs), Simon Molitor (Co-Founder and CEO of Solana ID), Daria Beznos (BD Consultant at Defactor), and Ashton Barger was not previously mentioned in our discussion of Day 2 events.

This panel is scheduled from 12:40-13:10 on Day 2 of Crypto AI Con and will focus on how Key Opinion Leaders (KOLs) influence the direction and trends within the crypto industry. 

What Attendees Can Expect at Crypto AI: Con 2024

Crypto AI attendees are in for a deep dive into how ICN’s decentralized cloud disrupts the status quo—delivering affordable, scalable cloud power tailored for AI and crypto startups. For companies ready to move away from traditional cloud giants, ICN provides a solid, innovative alternative. Against Lisbon’s rising tech scene, ICN will showcase its commitment to decentralization, reinforcing the city’s reputation as Europe’s new tech powerhouse and proving that decentralization is a cornerstone of future technology.

About Impossible Cloud Network (ICN)

Impossible Cloud Network (ICN) is a decentralized cloud services provider that combines blockchain and peer-to-peer technology to create a flexible, secure, and economically viable alternative to traditional cloud services. By connecting Hardware Providers, Service Providers, and SLA Oracle Nodes, ICN orchestrates a collaborative ecosystem where users can access affordable, high-quality cloud resources without vendor lock-in. Through ICNP, the network’s protocol, and ICN tokens (ICNT), ICN ensures a balanced, reliable infrastructure built on community-driven contributions.

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